Post
Topic
Board Economics
Re: Is the Market Stabilizing?
by
justspare
on 26/12/2018, 09:01:56 UTC
Cryptocurrency market is always volatile, there is nothing like stabilizing. I don’t really know why you guys keep asking if price has stabilized, how do you expect something you were told is volatile to become stable all of a sudden, it doesn’t work like that. It can reach a price and act like it’s stable, but within few minutes or hours, check back and you will see that the price has moved to another price.

Unfortunately, but what is happening now, that is not the real situation on the market, because a large part of traders and financial institutions already have a Christmas break. I think that in a few days we may have a surprise that will again shake the entire cryptocurrency market.
Don’t tag this to a Christmas break, even when you’re on a holiday you can still trade online stocks and assets (including cryptocurrency) this has nothing to do with Christmas break cause the price has been this way since the beginning of this year, even the price has increased from $3000 to $4000 ($4200+ this morning) so nothing to do with Christmas at all.